Prime Office Building in Sandton On Auction

Park Village Auctions will auction this well-maintained office building in Parkmore, Sandton, on the 5th of December.

Park Village Auctions has been instructed to auction a well-maintained office building in Parkmore, Sandton.

Located at 120 Fourth Street, the property (which was originally a double-storey residential dwelling) has been professionally converted into an attractive office building that can be utilised as one large office unit or two separate office units, independent from each other.

The larger unit, which extends over both the lower and upper levels, comprises a double volume entrance foyer, a reception, two private offices, a large air-conditioned boardroom, a filing room, a server room, a cloakroom, and a staff kitchen on the ground level. A tiled straight staircase leads from the foyer to the upper level which features four private offices (of which, two are air-conditioned) and a tiled balcony that overlooks Sandton Drive from the back of the property.

The smaller building situated on the ground level, comprises a reception, three private offices, a small storeroom, a staff kitchen and a cloakroom. The reception areas for each respective building feature inter-leading doors which give access to a central, open-plan office area suited for use by either unit. The property sits astride land measuring 991sqm’s in total.

According to PVA’s Jaco du Toit, the property can easily be used as one large office or as two independent offices and sub-let.

Says du Toit: “This is a superb investment opportunity which is sure to reap high returns. The property is in a prime location in Sandton which is seeing an enormous amount of development as large, local and international listed corporations expand their headquarters – indicative of healthy investor confidence.”

The auction will take place on-site on Tuesday the 5th of December at 11am. Bidders can view the property one hour before the auction or arrange an appointment by calling 087 160 0521. More information is available on PVA’s website, using web reference 16301.